Trump Raises $21M at Just Concluded Bitcoin 2024 Conference

Key Takeaways:

• Trump raised $21 million at the just concluded Bitcoin 2024 Conference in Nashville.
•  A roundtable discussion with Trump at the event costs $844,600 per person, while a photo session costs at least $60,000.
• Trump's campaign raised over $4 million in cryptocurrency prior to the conference.

Trump's Crypto Fundraising Success at the Bitcoin 2024 Conference

Former President Donald J. Trump raised $21 million from the just concluded Bitcoin 2024 Conference in Nashville, Tennessee, resulting in a significant capital boost for his re-election campaign. 

The majority of these funds were raised at the Nashville Music City Center following Trump's highly anticipated speech. The fundraiser offered various levels of access to the former president, with prices reflecting the exclusivity of the event. 

A roundtable session with Trump cost $844,600 for each participant, and a photo opportunity with the erstwhile president was valued at least $60,000.

JUST IN : Trump 🇺🇲 raised $21 million during the 2024 #Bitcoin Conference. A roundtable meeting with Trump costs $844,600 per person, and a photo with him costs at least $60,000. pic.twitter.com/iHexNbB0Yw

— Jesse Trading (@TradeWithJesse) July 31, 2024

A fundraiser co-hosted by Senator Bill Hagerty (R-Tenn.) drew 100 attendees and raised $25 million in cryptocurrency for Trump, his second-highest fundraising total ever.

For those of you who didn’t hear it in Trump’s speech, DJT raised $25m in Nashville. His second highest fundraiser ever across three different presidential campaigns. Came from a combo of industry and whales/OGs.

Warren and her goons talked Dems into committing mass seppuku.

— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) July 30, 2024

Notable attendees reportedly included Gemini co-founders Tyler and Cameron Winklevoss, as well as celebrities such as Kid Rock, Jake Paul, and Billy Ray Cyrus.

The event's success underscores Trump's recent efforts to court the cryptocurrency vote and gain backing from industry leaders. 

Over the past several months, Trump has had several contacts with the crypto community, pledging to reform the U.S. regulatory environment if re-elected.

Broader Crypto Donations and Industry Support

Bitcoin Magazine CEO and convener of the Bitcoin 2024 Conference David Bailey had previously announced plans for the industry to raise $100 million and mobilize over 5 million voters for Trump's re-election bid.

The Bitcoin 2024 Conference fundraiser, which raised $21 million, is a key part of this larger trend of cryptocurrency industry support for Trump's campaign. 

Meanwhile, Trump's campaign had already raised over $4 million in crypto before the conference. This was through various digital tokens, including Bitcoin, Ether, XRP, and the stablecoin USDC.

For instance, the Winklevoss twins donated 15.57 BTC, each valued at $1 million at the time of the contribution. His campaign's overall financial status, according to a Federal Election Commission filing, shows a total of $221 million raised and $128 million currently in cash on hand.